What should be the first step for a newly hired chief audit executive to build and maintain the proficiency of the internal audit activity'?

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Aidan Lear · Accepted Answer

Complete a periodic skills assessment of the internal audit activity

Aidan Lear · Answer

Incorporate the basic criteria of internal audit competency into job descriptions

Aidan Lear · Answer

Develop a competency or skill assessment tool.

Aidan Lear · Answer

Perform benchmarking with competitors to learn what other firms are doing related to this topic

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